Equiom appoints Mark Porter as new CEO

Date 14/04/2020

2 minutes to read

Equiom is pleased to announce the appointment of Mark Porter as Chief Executive Officer (CEO).

Mark joins with a wealth of experience and expertise in the sector, and will take up the position once the necessary regulatory approvals are in place. Mark takes over the leadership of Equiom from Sheila Dean who has led the business since 2006 and will take on the role of Non-Executive Chairman of the Group. The appointment of a new CEO is a key milestone in the ongoing growth journey of the Equiom business.

Mark has spent more than 30 years in the asset management and investor servicing sectors, most recently as CEO of MUFG Investor Services and previously as CEO of UBS Fund Services.

In his role as CEO of Equiom, Mark will continue to build on Equiom’s three pillar strategy of organic growth, acquisitive growth and operational excellence leading a team of 590 across 21 locations.

'We are delighted to have Mark on board. He brings a wealth of experience with him as we continue to grow and build a leading global professional services business. With Mark’s leadership, alongside our strong Executive Committee and our investors at Värde and LDC, I’m excited about the future for Equiom Group and wish Mark all the very best in his new role.'

Elena Lieskovska, Partner and Head of European Financial Services at Värde Partners, the largest shareholder, added:

'Mark’s expertise in leadership, strategy, operational execution, combined with relevant experience in fund services and listed businesses will be invaluable to Equiom and we’re delighted with his appointment'.

Mark Porter, incoming CEO, commented:

'It is extremely exciting to be joining Equiom at a time of huge potential for the sector and for Equiom in particular. I look forward to complementing the talent that Equiom undoubtedly has with my experience in leading and advising firms in the fiduciary and funds space, and in both an institutional and private equity-backed environment. I look forward to working with Sheila and the whole Equiom team to help realise that potential.'